LOCKWOOD FARM, SHAFTESBURY ROAD, GILLINGHAM, SP8 4LP - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LOCKWOOD FARM is a very large extended detached house of 173m², built sometime between 1900 and 1929, which could now be worth an estimated £636,633. It was last sold for £625,000 in July 2024, which was around 20% above the average July 2024 detached price in the Dorset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

LOCKWOOD FARM Sold Prices

Land registry data shows two sales for LOCKWOOD FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two LOCKWOOD FARM sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 22 JUL	£625,000	£518,775	20% above HPI
2022 27 JAN	£628,000	£508,779	23% above HPI

LOCKWOOD FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two LOCKWOOD FARM sales from January 2022 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2022 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might LOCKWOOD FARM be worth now?

LOCKWOOD FARM might now be worth an estimated £636,633.

This is based on house price inflation of 1.9%, between July 2024 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for LOCKWOOD FARM of £625,000 on 22nd July 2024. For the value to have increased from £625,000 to £636,633 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of LOCKWOOD FARM has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2024 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of LOCKWOOD FARM has not materially changed since July 2024.

How Large is LOCKWOOD FARM?

LOCKWOOD FARM is 173m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where LOCKWOOD FARM lies on this distribution: 94% of detached houses houses are smaller than LOCKWOOD FARM, and 6% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

LOCKWOOD FARM: Plot and Title Map

LOCKWOOD FARM sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of LOCKWOOD FARM, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LOCKWOOD FARM). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is LOCKWOOD FARM?

LOCKWOOD FARM is located on SHAFTESBURY ROAD in GILLINGHAM, in the SP8 postcode district. The below map shows the position of LOCKWOOD FARM on SHAFTESBURY ROAD.